🏆 Residential: The top home sale to hit records in South Florida was in Palm Beach. William Rickman, a real estate investor, and his wife Marcia Rickman parted with a home at 143 Clarendon Avenue for $25 million. The buyer was an LLC managed by Linnette Miller and Robert Miller, a developer. The property spans 7,600 square feet and has five bedrooms and eight bathrooms. It dates to 1924. Sotheby’s International Realty’s Carole and Brett Koeppel had the listing, which went live in November for $25 million.
🏆 Commercial: The priciest commercial transaction recorded in the tri-county region was in Palm Beach County, where Dalfen Industrial offloaded a warehouse complex at 1673 and 1715 Meathe Drive for $79.6 million. That’s a 31.4 percent increase from its 2021 purchase price of $60.6 million. The buyer of the Turnpike Logistics Center, comprising a 124,500-square-foot building and another 193,000-square-foot building, was Boston-based Cabot. The latest sale works out to about $251 per square foot.
📊 Residential: Todd Wider, a plastic surgeon-turned-documentarian, picked up a single-family home at 9505 Southwest 63rd Court in Pinecrest for $10.7 million. The seller was an LLC, managed by Alex A. Rogers, which purchased the home in 2023 for $10.6 million. The five-bedroom mansion spans about 10,200 square feet and sits on a 1.1-acre lot. It has five bedrooms, six full bathrooms, two half baths, a pool, an elevator and fruit trees. The home went on sale in June of last year, for $11.5 million. Dennis Carvajal with One Sotheby’s International Realty was the seller’s agent, and Marilyn Cromer with Douglas Elliman brought the buyer.
📊 Residential: Dmitrii Khasanov, an investor, and Ekaterina Khasanova purchased a home at 13225 Arch Creek Terrace in North Miami for $7.5 million. The seller was a trust. The home spans about 9,600 square feet, pricing the deal at about $1,600 per square foot. It has six bedrooms and five and a half baths and was built last year. The seller listed the property for sale a little more than a year ago, for $10.8 million. Devin Kay with Douglas Elliman had the listing.
By the Numbers: Buyers have the upper hand in every major metro — except one
If you needed another sign that buyers have the upper hand, here it is: just one of the top 20 metros in the fourth quarter saw homes trade above asking prices.
The outlier in the fourth quarter of 2025 was San Francisco, where the average sale-to-list ratio in the fourth quarter was 104.7 percent according to an analysis of data from brokerage and research firm Redfin. The firm calculates the ratio by dividing a home’s final price by its last listing price. Anything above 100 means homes sold above ask.
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